Which of the Following Entries Records the Adjustment for Revenue

question 11

Multiple Choice

Which of the following entries records the adjustment for revenue earned,but not yet collected?

• A)Debit Accounts Receivable and credit Sales Revenue.
• B)Debit Sales Revenue and credit Accounts Receivable.
• C)Debit Deferred Revenue and credit Sales Revenue.
• D)Debit Accounts Receivable and credit Deferred Revenue.

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Definitions:

Bricks-And-Mortar

Businesses that have physical stores or outlets in the real world, as opposed to online or virtual presence.

Job Descriptions

Documents or statements that outline the tasks, duties, functions, and responsibilities of a specific job position.

Hidden Job Market

Employment opportunities that are not advertised publicly and are typically found through networking, referrals, or direct contact with employers.

Referral Interviews

Interviews conducted with individuals recommended by others, often used for gathering information or networking.